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Finance & Markets

Business : ABB Bank Expands Into Uzbekistan With Davr Bank Acquisition

KUALA LUMPUR, Aug 28 (Bernama) -- The ABB Davr Bank project was officially launched in Tashkent, marking the inauguration and groundbreaking of projects being implemented by Azerbaijan in Uzbekistan.

We haven't written up this one. Bernama has the full story — the link below goes straight to it.

Read the original at bernama.com →

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Samsung Biologics Raises $2.18 Billion to Expand Into Peptides

Samsung Biologics said its board approved a 3 trillion-won ($2.18 billion) capital increase on Aug. 28 to expand its presence in the global peptide drug market and increase production capacity.

  • Samsung Biologics raises $2.18 billion for peptide drug market expansion
  • Funds allocated for PolyPeptide Group acquisition and Songdo facility expansion
  • Plans to build six 180,000-liter capacity plants by 2032

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